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The problem with that, is the tax-payer yet again foots the bill. It is costly to take care of crooks in prison. Anyhow, IIRC Dr. Burry kept a close watch on this very same thing just before the housing bubble burst in 2007. He had known from history that this type of fraud takes off like a...

Fake employment records, bank statements and T4s offered to would-be homebuyers- https://www.cbc.ca/news/business/marketplace-mortgage-fraud-1.6614132

I'm going to end my reading a bit early for this week, since tomorrow I have class all day. But I did just finish this book since yesterday evening. A great read for Canadians unless they are already a tax-pro: The Grumpy Accountant: One Fed-Up Tax Pro's Practical Plan to Fix Canada's...

Well doesn't this just SUCK for Mr. Hwang? It was bad enough that he blew-up his own private hedge fund, losing 15 billion in the process... and THEN he gets arrested... And if that ain't bad enough...because he was also one of the ORIGINAL seeders of capital into Cathy's own fund... has to...

Well I don't know. The first time I heard of 'Kuppy' was in some other thread(s) here where he was being shit-posted at for things such as his risky mining fund that imploded on investors basically going to zero. One thing about the recent article: Seriously? Isn't that a little bit of hubris...

Honestly, that to me is the same as saying "Steam-Powered horse-carriages are our hope," when everyone has been switching from buggies to automobiles already.

In regard to TD, I currently hold 900 shares. And always have a short-put for another round-lot that if it ever gets filled, I'll have an exact set of 1K shares, haha. If both fiat & crypto collapse, then I'm fucked as I hold no GLD. On the other hand, I'm hedged between crypto & banks so I can...

That's ironic... since we let Stalin grow bigger and more problematic than the other two combined.

It's ok everyone. Biden has a new plan, we won't print more money going forward. The new plan is to FORGIVE every and all debts. It really is that simple & easy! See? Even an old-timer with Alzheimers can do it!

The pension funds? They could not meet the 10% return expectations by 1:1 bond leverage. So they levered up (higher risk = higher return in theory)... and everyone has been told for generations that nothing is safer than government bonds. Well... now the time of reckoning has come... There are...

My update for the week: Tax Me I'm Canadian! A taxpayer's guide to your money -- and how politicians spend it By Mark Milke "The Great Depression was, contrary to popular myth, not created by the 1929 stock market crash, as economies had endured such crashes before and since without collapsing...

As posted months ago on this forum, we knew 99% of this bloated NFT shit would bubble-pop. Not sure why anyone should be surprised now. The more you see millennial gurus pimping something on Youtube, the quicker it bubbles and busts. Nothing new to see here folks!

When will this shit-coin ever finally die?

So, does India PROMISE it won't keep debasing its BLOCKCHAIN currency? ....

https://www.theblock.co/post/175790/dapper-labs-breaks-down-why-its-suspending-russian-accounts?utm_source=rss&utm_medium=rss

I could never understand how Tether happened to still stay afloat so long... But then again, it's very similar to the US dollar, how despite the Milkshake is right in front of people, everyone just wants to stick their head into the sand and shout "Everything's Fine!"

I found this interesting. Feel free to criticize it either way.

You forgot Lenin... He started the imprisonments before Stalin came to power.